Entergy Corporation (ETR)

Return on assets (ROA)

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Net income (ttm)	US$ in thousands	2,356,615	1,475,445	1,369,245	1,137,704	1,103,169	1,241,862	1,216,845	1,055,748	1,118,493	1,399,033	1,228,563	1,353,251	1,386,693	1,230,453	1,105,873	1,241,225	792,422	962,781	967,669	841,784
Total assets	US$ in thousands	59,703,400	60,552,100	59,717,200	59,203,300	58,595,200	58,975,300	57,827,600	59,833,500	59,454,200	58,843,500	55,949,300	58,667,600	56,070,300	53,365,300	52,555,000	51,723,900	50,506,300	50,565,700	49,605,400	48,275,100
ROA		3.95%	2.44%	2.29%	1.92%	1.88%	2.11%	2.10%	1.76%	1.88%	2.38%	2.20%	2.31%	2.47%	2.31%	2.10%	2.40%	1.57%	1.90%	1.95%	1.74%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $2,356,615K ÷ $59,703,400K
= 3.95%

Entergy Corp.'s return on assets (ROA) has shown variability over the past eight quarters. In Q4 2023, the ROA was at 3.95%, representing a significant increase from the previous quarters. This indicates that the company generated $3.95 in profit for every $100 in assets during that period.

The ROA then decreased in Q3 2023 to 2.44%, before slightly dropping further in Q2 2023 to 2.29%. Despite the fluctuations, the ROA remained above 2% during these quarters, suggesting the company was effectively utilizing its assets to generate profits.

In Q1 2023, the ROA was 1.92%, showing a slight decrease from the previous quarter. This was followed by a similar ROA of 1.88% in Q4 2022 and 2.13% in Q3 2022. The ROA of 2.12% in Q2 2022 was marginally higher than the Q3 2022 figure, while the ROA of 1.77% in Q1 2022 was the lowest among the reported quarters.

Overall, Entergy Corp.'s ROA has displayed some fluctuations but generally indicates efficient utilization of its assets to generate profits. Investors and stakeholders may consider the trend in ROA over time to assess the company's operational efficiency and financial performance.